Genuine Parts Q4 Sales Up 4.1%, Plans Business Split and Dividend Increase
Genuine Parts Company reported Q4 2025 sales of $6.0 billion, up 4.1%, and adjusted net income of $216 million ($1.55/share) despite a GAAP loss of $609 million from an $825 million non-cash pension settlement. The board approved its 70th consecutive dividend increase and plans to split automotive and industrial units into separate public companies.
1. Fourth-Quarter 2025 Financial Results
Genuine Parts Company posted Q4 2025 sales of $6.0 billion, a 4.1% increase driven by comparable sales and acquisitions. The quarter included a GAAP net loss of $609 million ($4.39/share) due to an $825 million non-cash pension settlement, while adjusted net income was $216 million ($1.55/share).
2. Full-Year 2025 Results and Cash Flow
Full-year 2025 sales reached $24.3 billion, up 3.5%, with GAAP net income of $66 million ($0.47/share) versus $904 million in 2024. Adjusted net income was $1.0 billion ($7.37/share), with operating cash flow of $891 million, capital expenditures of $470 million and $318 million spent on acquisitions.
3. Segment Realignment and Performance
The company realigned its Automotive Parts Group into North America Automotive (sales $2.3 billion, +2.4%, 5.5% EBITDA margin) and International Automotive (sales $1.5 billion, +6.4%, 8.7% margin), while Industrial Parts Group posted sales of $2.2 billion, up 4.6%, with a 13.4% EBITDA margin.
4. Dividend Increase and 2026 Outlook
The board approved the 70th consecutive annual dividend increase and released preliminary 2026 outlook assumptions, emphasizing continued sales growth, margin expansion and productivity improvements across both automotive and industrial businesses.